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$700,000
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Backing to the Bright Leaf Preserve (200-acre nature preserve of untouched woods evoking a tranquil vibe), this wonderful condo lives like a single-family home and is close to everything you could possibly need or want. The Primary Bedroom, a family room with a cozy fireplace, dining room, kitchen with a separate and roomy pantry, laundry/utility room plus half bath are located on the main level. Featuring numerous large windows providing an abundance of natural light and views of the preserve, you will enjoy hardwood flooring, new carpet, and high ceilings creating an open and airy environment. Located in the highly desirable Highland Park West neighborhood, all three bedrooms feature en suite bathrooms and all three bedrooms have highly desirable walk-in closets plus you will have a designated office. Each floor has its own spacious living area and each floor has a covered deck which overlooks the preserve. Private and quiet in a secluded location, this incredible property has new light fixtures and new plumbing fixtures. The walls, ceilings, cabinets, trim, doors, closets, and shelving have all been freshly painted. Even the ample sized garage has been freshly painted, top to bottom. As a bonus, the garage floor and the garage storage cabinets plus the work bench have all been painted. Please ask your agent for the complete list of updates and for all documents uploaded in MLS for your review including floorplan. Truly a perfect home for those desiring a view of nature, a carefree, easy-living lifestyle and for those who like to travel or might have a second home. A short drive to the center of downtown Austin, a quick drive to UT, and/or The Domain, plus minutes to the grocery store and doctor's offices, you simply cannot beat the location. The HOA pays for water (inside and out), wastewater, trash, recycling, exterior maintenance, private road, roof, maintenance of common areas (including pool and guest parking lot), landscaping, tree trimming and irrigation.
Property Type
Residential
Year Built
2000
Lot Size
0.32 acres
$/Sq Ft
$306
HOA
$500/mo
Garage
2 spaces
Listed by Coldwell Banker Realty
Verified property facts
5505 Oakwood CV Unit #B is listed at $700,000 with 3 bedrooms, 3 full, 1 half bathrooms, 2,286 square feet, 0.32-acre lot.
5505 Oakwood CV Unit #B is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
5505 Oakwood CV Unit #B is a Residential built in 2000 featuring 3 bedrooms, 3 full, 1 half bathrooms, 2,286 square feet, 0.32-acre lot.
5505 Oakwood CV Unit #B is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 5505 Oakwood CV Unit #B is $11,575. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Comparable homes that recently closed in this area
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.1% | — | $668,082 | — | — |
2024+0.4% | — | $768,387 | $76,797 | $690,243 |
2023+36.6% | — | $765,067 | $76,797 | $691,590 |
2022+16.5% | — | $559,980 | $76,797 | $688,270 |
2021 | — | $480,654 | $76,798 | $483,182 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($140K)
$700,000
Luxury property intelligence
A sourced read on Oakwood Hollow Condo Amd pricing, timing, and property scale. No automated valuation claim.
List price
$700,000
Price per sqft
$306/sqft
Vs. Oakwood Hollow Condo Amd median
Not available
Days on market
Not available
Original to current
$15K reduction
$715K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($140,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5505 Oakwood CV Unit #B is around $4,597 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $700,000, 5505 Oakwood CV Unit #B is in the Oakwood Hollow Condo Amd market where there are currently 53 active listings in 78731. The Keenan Group has completed 107 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin.
5505 Oakwood CV Unit #B includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5505 Oakwood CV Unit #B is part of a managed community with HOA dues of $500 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
Some Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
7 events on record
Current Price
$715,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.1% | — | $668,082 | — | — |
2024+0.4% | — | $768,387 | $76,797 | $690,243 |
2023+36.6% | — | $765,067 | $76,797 | $691,590 |
2022+16.5% | — | $559,980 | $76,797 | $688,270 |
2021 | — | $480,654 | $76,798 | $483,182 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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